Markets are entering one of those frustrating phases where price is moving, but conviction is still missing.
The silver market gapped lower this past Monday, as we continue to see a lot of downward pressure in the silver market, as the US dollar continues to be strong in general, weighing on silver markets.
The silver market fell to kick off the Friday session, as we are sitting below the $60 level. This is an important level that will cause a lot of headlines.
Silver Price Forecast: RSI stays in oversold territory as XAG/USD struggles below $60
Silver price today: Silver rises, according to FXStreet data
Gold and silver rebound from key support after the PCE data, but sticky inflation and Fed rate hike expectations may limit the recovery.
Silver Price Forecast: XAG/USD sees fresh down leg below $55.60 amid firm Fed rate hike bets
Silver's late-2025 squeeze has quietly unwound, and the vault rebuild looks like the bull case breaking, but the sixth straight annual shortage beneath it all hasn't budged
Silver continues to see trouble overall on Thursday, as we are threatening to break below support. AS long as the US dollar remains strong, silver will struggle.
Silver price today: Silver rises, according to FXStreet data
Silver Price Forecast: XAG/USD holds losses near $57.50 due to prevailing bearish bias
Silver Price Forecasts: XAG/USD hovers at seven-month lows around $57 with US inflation on tap